Saudi Arabia, China sign comprehensive strategic partnership agreement during Chinese President Xi Jinping’s visit

Saudi Arabia, China sign comprehensive strategic partnership agreement during Chinese President Xi Jinping’s visit

Riyadh: Saudi Arabia and China have signed a comprehensive strategic partnership agreement, Saudi state news agency SPA said on Thursday, during a state visit by Chinese President Xi Jinping. SPA did not provide additional details on the content of the agreement. The Chinese President arrived at Al Yamamah Palace in Riyadh and held a meeting with Saudi’s King Salman bin Abdul Aziz in the presence of Crown Prince Mohammad bin Salman. Earlier, Xi was welcomed at the Royal Court in Al Yamamah Palace by the Crown Prince where an official reception was held. On Wednesday, Chinese and Saudi companies signed investment pacts for green hydrogen and solar energy during a a visit of Chinese President Xi Jinping to the kingdom. There were no further details on the energy pacts announced on Saudi state news agency SPA. It said 34 investment agreements in total had been signed, including in other sectors such as information technology, cloud services, transportation, logistics, medical industries, housing and construction. Saudi Arabia is the world’s largest oil exporter, and China its top customer, making their relationship key to the crude market. But both are looking to gradually diversify their energy mix. Saudi Arabia has started work on